General Superintendent Resolution No. 069-2025-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy" 1 Electronic document digitally signed under Law No. 27269, Law on Digital Signatures and Certificates, its regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml General Superintendent Resolution SMV No. 069-2025-SMV/11.1 Lima, December 17, 2025 The General Superintendent of Conduct Supervision Seen:
File No. 2025050359, as well as Internal Report No. 1828-2025-SMV/11.1, from the General Superintendent of Conduct Supervision of the Adjunct Superintendence of Market Conduct Supervision. Considering:
That, by means of a written submission presented on November 17, 2025, Cosapi S.A. requested the Securities Market Superintendence – SMV the exclusion from the issuance program named "First Cosapi Corporate Bond Program" from the Public Registry of the Securities Market; That, by means of General Superintendent Resolution SMV No. 076-2015-SMV/11.1 of September 2, 2015, within the framework of an advance procedure, the inscription of the issuance program named "First Cosapi Corporate Bond Program" was ordered, up to a maximum circulating amount of US$ 100,000,000.00 (One Hundred Million and 00/100 United States Dollars) or its equivalent in Soles, and the registration of the corresponding Master Prospectus in the Public Registry of the Securities Market; That, taking into account the information on file in the Public Registry of the Securities Market, it has been observed that within the framework of the "First Cosapi Corporate Bond Program" the securities named "First Issuance of the First Cosapi Corporate Bond Program" were placed and issued, which upon the total cancellation of the respective obligations have been excluded from the Public Registry of the Securities Market and from the Securities Registry of the Lima Stock Exchange; likewise, it has been verified that the validity period of the "First Cosapi Corporate Bond Program" has expired, fulfilling what is established in the last paragraph of Article 25 of the Regulation of Primary Public Offer and Sale of Securities, approved by CONASEV Resolution No. 141-98-EF/94.10 and its modifying norms, which states that the exclusion of programs operates when the validity period of inscription has expired and no value has been placed under the program or when, having been placed, the value or values are excluded from the Public Registry of the Securities Market; That, Cosapi S.A. has presented the information and documentation required by the Single Consolidated Text of the Securities Market Law

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy" 2 Electronic document digitally signed under Law No. 27269, Law on Digital Signatures and Certificates, its regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF; as well as by the Regulation of Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, approved by SMV Resolution No. 031-2012-SMV/01 and its modifying norms; That, Article 39, subsections a) and d), of the Single Consolidated Text of the Securities Market Law; as well as Articles 20 and 23 of the Regulation of Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, establish that the exclusion of a security from the Public Registry of the Securities Market takes place by reasoned resolution of the SMV, at the request of the issuer, when the inscription of the securities originated by its own will and by cessation of public interest in the security; That, considering that Article 15, subsection a), of the Single Consolidated Text of the Securities Market Law establishes that in the Public Registry of the Securities Market securities and issuance programs are registered, the statement in the preceding consideration also applies to issuance programs, since these are subject to inscription in said Registry; That, regarding the obligation to carry out a Public Buy Offer for Exclusion – OPC when a security is excluded from the Public Registry of the Securities Market, established in Article 41 of the Single Consolidated Text of the Securities Market Law and in Article 32 of the Regulation of Public Offer for Acquisition and Purchase of Securities by Exclusion, approved by CONASEV Resolution No. 009-2006-EF/94.10 and its modifying norms, it must be noted that the exclusion of the "First Cosapi Corporate Bond Program" falls within the exception cause for not carrying out an OPC, contemplated both in Article 23 of the Regulation of Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, as well as in Article 37, letter a), of the Regulation of Public Offer for Acquisition and Purchase of Securities by Exclusion; That, Article 7, numeral 6, of the Policy on Dissemination of Normative Projects, General Legal Norms, Early Agenda and Other Administrative Acts of the SMV, approved by SMV Resolution No. 014-2014- SMV/01 and its modifying norms, establishes that decisions contained in administrative resolutions that resolve the exclusion of securities from the Public Registry of the Securities Market must be subject to dissemination through the Institutional Website of the SMV on the Single Digital
Platform of the Peruvian State for Citizen Orientation (http://www.gob.pe/smv); and, Being subject to what is provided by Article 39, subsections a) and d), of the Single Consolidated Text of the Securities Market Law; Articles 19, 20 and 23 of the Regulation of Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel; Article 25 of the Regulation of Primary Public Offer and Sale of Securities; as well as by Article 46, numerals 4 and 6, of the Regulation of Organization and Functions of the Securities Market Superintendence, approved by Supreme Decree No. 216-2011-EF and its amendments, which empowers the General Superintendent of Conduct Supervision to resolve requests filed by regulated entities related to primary public offers and to evaluate and/or resolve any procedure linked to such offers, as well as to order the exclusion of securities from the Public Registry of the Securities Market.

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy" 3 Electronic document digitally signed under Law No. 27269, Law on Digital Signatures and Certificates, its regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml Resolves:
Article 1.- Order the exclusion of the issuance program named "First Cosapi Corporate Bond Program" from the Public Registry of the Securities Market.
Article 2.- Disseminate this resolution on the Institutional Website of the SMV on the Single Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).
Article 3.- Transmit this resolution to Cosapi S.A., in its capacity as issuer; to the Lima Stock Exchange S.A.; and to CAVALI S.A. I.C.L.V.
Register, communicate and disseminate.
Alix Godos
General Superintendent
General Superintendent of Conduct Supervision